5 CFR 1315.15

§ 1315.15 Grant recipients.

United States · 5 CFR — Administrative Personnel · Status: effective

Cite this

Citation: 5 CFR 1315.15, § 1315.15 Grant recipients, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/9842
Permanent ID: ys:prov:9842@1
SHA-256: 386d8b149e0641a297ce000f889595e6bc9616dbe5cc0ceb242dd8807dc6456f

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Full text

Recipients of Federal assistance may pay interest penalties if so specified in their contracts with contractors. However, obligations to pay such interest penalties will not be obligations of the United States. Federal funds may not be used for this purpose, nor may interest penalties be used to meet matching requirements of federally assisted programs.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.